Answer true or false to each of the following statements and explain your answers. a. The value of adjusted R2, R2 a , is always largest for the regression equation that contains all the potential predictor variables. b. The value of Cp for the regression equation that contains all potential predictor variables is the number of predictor variables plus 1. c. The value of Cp always increases as the number of predictor variables in the regression equation increases.
Correlation
Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.
Linear Correlation
A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.
Regression Analysis
Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as predictors. Regression analysis is one of the methods to find the trends in data. The independent variable used in Regression analysis is named Predictor variable. It offers data of an associated dependent variable regarding a particular outcome.
Answer true or false to each of the following statements and explain your answers.
a. The value of adjusted R2, R2 a , is always largest for the regression equation that contains all the potential predictor variables.
b. The value of Cp for the regression equation that contains all potential predictor variables is the number of predictor variables plus 1.
c. The value of Cp always increases as the number of predictor variables in the regression equation increases.
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